$NANO/BTC 3D (Binance Spot) Big falling wedge near breakoutNano has formed a very bullish pattern and is sitting on 200MA support, we expect it to rally mid-term!
Formerly known as RaiBlocks (XRB), that Peer-to-Peer (P2P) cryptocurrency does not need fee for transaction, more info on nano.org
Current Price= 0.0001097
Buy Entry= 0.0001090 - 0.0000971
Take Profit= 0.0001411 | 0.0002012 | 0.0002833
Stop Loss= 0.0000776
Risk/Reward= 1:1.5 | 1:3.87 | 1:7.1
Expected Profit= +36.99% | +95.34% | +175.05%
Possible Loss= -24.66%
Fib. Retracement= 0.236 | 0.5 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 5 months
Nofees
Over the fence & on the runNano is officially free
Looks like the bear whales are beached for the moment
They've been "Beaches "for quite some time
and are not a protected species
If you are one of the "Beach" whales, No offense
Nano at the apexI love this coin but its been beaten down. However, it was the first alt to run in Aug of last year and when it runs, it RUNS! MacD looks good volume is picking up
Nano is set up to boomThe fastest crypto by FAR with No Transaction Fees
Faster than an SMS text it can be sent across the world
ATH $38.00
On sale now $1.52
NANO XRB (raiblocks) - Takes a Lickin' and Keeps on Tickin'Ok... so this is more about my deep love for Nano then it is about this chart.
I'm still a novice with Elliot Wave projections and/or Elliot Waves in general...
and this is prolly way off from what is to come, but what the heck.
Don't taze me bro!
I think NANO is the Jerry Garcia of cryptos. You can never count it out. Like Jerry who might seem to be having a bad night, but then plays a solo so profound you start crying. You could never count Jerry out. He had a way of rallying on rough nights. And the same goes for nano.
It got it's ass kicked by the Bit Grail hack... but comes on back like it always does.
I got into it on Dec.11 when it was #74 on coinmarketcap, with 100,000,000 market cap, was still called Raiblocks, and for me was $1.06/0.00005999 satoshi.
It has been my best performing alt coin in pure profit. Even more then the litecoin I scored at $80 before it went vertical.
Even today, after it's struggles... the $200 of btc profit I threw at it is worth $2,716. No other coin I hodl has performed as well or as fast.
I discovered it during a coin market cap bloodbath day, where everything was in the red and many coins bleeding percentages over 20%.
All of them!
And there was Raiblocks, all in the green, up 28%, and with an extremely steady diagonal 7 day growth line,
and showing nowhere near the volatility that you could see in all the other 7 day windows.
So I checked it out, and was impressed by the tech and the community, At the time there was like ZERO youtube shilling on it.
It was the great unknown sleeper.
Between Dec. 12 and Jan. 6th... it moon shot up to $36.00... over 30x gain for me. It climbed up to #22 on coin market cap,
with a Market Cap of over 3 Billion.
When it calmed down, it was holding pretty steady around $20 when the the whole market tanked.
And then to top it off, the Bit Grail fiasco knocked it down to approx $8 bucks.
But since then it has regained some momentum, hanging out around $15 to $16... and I expect it to continue to climb.
When it goes down... I just know it will come back up... usually sooner then later.
I could go on about the tech... but you can find that many other places now. I just wanted to give a shout out to a coin I truly believe in.
I actually LOVE this coin, and it remains my fave of them all.
If you've never really looked into it, or thought it was a Pump 'n Dump or whatever... give it a thorough vetting.
I think it's still a bargain at $15. One of the things I like... it's circulating supply is the TOTAL supply. 133,248,289.
That's all there is, and all there ever will be. It has more room to stretch then all those coins like Cardano or Tron with 25 or 65 BILLION already in circulation and more waiting in the shoot!
Thanks for reading all this if you did. Again... not sure about my chart... but I DID want to share my love for raiblocks/NANO.
Cheers!
No fee you say? That sounds like technology with some potential!When IOTA first came out I read up on it. It was interesting but I thought it was way overvalued.
I ended up missing this big rise. Today I am looking to add it to my portfolio as it's looking bullish to me :)
So this is getting in late, but I see much room for IOTA to grow. It's a a nice addition to any crypto portfolio!
Fundamental
This blog post from IOTA should be read. Setting the record straight.
I liked how they handled this situation. It shows good managment :)
IOTA is solid technology and putting some faith into the project could potentially pay of with a fairly good return.
No fees is a real good selling point with BTCs current condition.
They are working on some exciting things. Check their website (also really cool website! :P)
I have limited understanding with the technolgy just to state that, but I have heard good things from people I trust.
Technical
I like the IOTA chart :)
Overall I think we might be in the third wave and with much room to grow on.
So right now we are consolidating a little bit here. Testing some fibs. I have outlined a good buy area. Let's see if it can go down there before it starts climbing again.
The target I am looking at for this third wave is between the 3.618 (19.3 UD) & 4.618 (24.6 USD).
If this goes terribly wrong then the biggest support area is back at 1 USD. I dont see that happening, but I could always be wrong.
If the waves is correct then there could be a major fifth one later in 2018 with IOTA.